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Flex Reports Ukraine Facility Damaged in Missile Strike, Minor Injuries Reported
ByAinvest
Saturday, Aug 23, 2025 2:00 am ET1min read
Flex reported that its facility in Mukachevo, Ukraine was damaged during a missile strike on August 21, 2025. The incident injured a few employees and contractors, who remain in the hospital. Flex has activated its Business Continuity Plan and is assessing the damage. The facility represents approximately 1% of Flex's revenue and is dedicated to consumer and lifestyle products. Flex is working with U.S. government officials and agencies to support the affected employees and their families.
On August 21, 2025, Flex Ltd. reported that its facility in Mukachevo, Ukraine, was damaged during a missile strike. The incident resulted in injuries to a few employees and contractors, who remain hospitalized. Flex has activated its Business Continuity Plan and is currently assessing the extent of the damage. The facility, dedicated to consumer and lifestyle products, represents approximately 1% of Flex's total revenue [1].Flex Ltd., a U.S.-based company headquartered in Austin, has been quick to respond to the crisis. The company's emergency protocols were executed, ensuring the full evacuation of the site. Flex has also been working with U.S. government officials and agencies to support the affected employees and their families. The company maintains that the Mukachevo facility has no role, past or present, in military or defense production [2].
The incident, while significant to the company, is not expected to have a substantial impact on Flex's overall financial performance. The Mukachevo facility contributes a small portion to the company’s revenue, making it a minor part of the broader business operations.
Investors and financial professionals should monitor the situation for any updates on the extent of the damage and Flex’s plans to resume operations. The company’s ability to quickly activate its Business Continuity Plan and support its employees during this challenging time reflects its commitment to operational resilience and employee well-being.
References:
[1] https://www.marketscreener.com/news/flex-ltd-announces-missile-strike-on-ukraine-hits-flex-facility-ce7c50dad889ff24
[2] https://spectrumlocalnews.com/nys/buffalo/international/2025/08/22/austin-based-factory-hit-in-ukraine-missile-attack
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